Optimal Risk Sharing and the Leasing of Natural Resources, with Application to Oil and Gas Leasing on the Ocs

DOI10.2307/1883152zbMath0394.90024OpenAlexW2052546242MaRDI QIDQ4177272

Hayne E. Leland

Publication date: 1978

Published in: The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1883152

zbMATH Keywords

Natural ResourcesOptimal Risk Sharing

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (2)

Borch's theorem, equal margins, and efficient allocation ⋮ Optimal incentive contracts with imperfect information

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